August 23, 2017/Cordros Research Click here to download full PDF Report Access Bank Plc (ACCESS) this afternoon released its H1-17 results, wherein gross earnings (44.45% y/y, 8.00% above our estimate) came in strong. This follows an impressive growth across key line items; interest income (+44.18% y/y) and non-interest income (+36.78% […]
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GTBank: Upward Revision to FY-2017 EPS
August 23, 2017/Cordros Research Click here to download full PDF Report In its recently released H1-17 results, GUARANTY’s non-interest revenue (NIR) declined significantly by 52.85% y/y, reflecting a lower than expected FX revaluation gains which by our understanding, is as a result of the lower exchange rate adopted by the […]
NSE Records Second Consecutive Gain, ASI up 0.26% on Bellwether Stocks
August 23, 2017/InvestmentOne Research Please click to download the Market Report for Wednesday 23rd August 2017 EQUITIES: The Nigerian equities market closed positive for the second consecutive trading session today driven by the gains in bellwether stocks; NB (+46pts), ZENITHBANK (+41pts), ACCESS (+33pts) and STANBIC (+25pts), which more than offset the […]
